Paying Agents

The Government may at any time or from time to time appoint one or more Paying Agents, in addition to the Trustee, for the purpose of paying the principal or Redemption Price of and the interest on Bonds of any series. Each Paying Agent shall signify its acceptance of the duties and obligations imposed upon it by this Indenture by executing and delivering to the Government and each other Fiduciary a written acceptance thereof. The Trustee shall enter into such arrangements with any such Paying Agent as shah be necessary and desirable to enable such Paying Agent to carry out the duties of its office. The Government may remove any Paying Agent at any time by giving written notice of such removal to such Paying Agent and each other Fiduciary. Any Paying Agent may at any time resign by giving notice of such resignation to the Government and each other Fiduciary and by giving affected Bondholders notice of such resignation by mail in the manner provided in § 4.03. In the event of the resignation or removal of any Paying Agent, such Paying Agent shah pay over, transfer assign and deliver any monies held by it to its successor or, if there be no successor then appointed, to the Trustee. The Government may appoint one or more successor Paying Agents and shall give prompt notice of the acceptance of appointment by any successor Paying Agent. Any Paying Agent appointed under the provisions of this Section shall satisfy the criteria for eligibility set forth in subsection (F)(1) of § 8.01 with respect to the Trustee, except that such Paying Agent must have an office in a State of the United States.